Comment / (Hopefully) WiseWhite goes bottom fishing with E2open

ID 12927435 © David Burke | Dreamstime.com

Oh, yes.

It must be just sheer coincidence that Australia’s IT logistics darling WiseTech (WTC) hit the headlines as a likely suitor of US-based E2open (ETWO) for what is expected to be a transformational deal…

… worth U$2.1bn in enterprise value…

… soon after the closing of the multi-billion blockbuster DSV-Schenker transaction a month ago –> when, incidentally, Premium sources suggested that the combined forwarder would opt for bespoke “homemade systems” in certain parts of its business*, diluting its reliance on WiseTech over ...